Profitable Donut Shop for Sale In Colorado Springs is Priced to Sell!

Colorado Springs, CO (El Paso County)

We Sell Restaurants - Colorado Restaurant Brokers
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Asking Price: Get Financing: $45,000

Cash Flow: N/A

Gross Revenue: $200,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: $2,037 /Month

Established: 1990

Profitable Donut Shop for Sale In Colorado Springs is Priced to Sell!

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Business Description

Price reduce dramatically on this Colorado Springs donut shop for sale has been in business and profitable for two decades. Currently only open for a few hours a day, so there is nothing but upside for this business that is priced to move! Franchise operation with no royalties or fees. Seller is motivated - BRING ANY OFFER!

This profitable franchise donut shop for sale is located on one of Colorado Springs busiest thoroughfares. Serving the fresh, hot pastries 7 days a week, they currently only operate from 5am to 10am every day. That means there is massive room for increasing sales and profit by expanding hours, doing lunch, and soliciting other off-premise accounts. Sales of $200,000 can easily increase with expanded marketing, hours or menu options.

This donut shop for sale by We Sell Restaurants, has long term and high profit accounts in place. The business is currently servicing two gas station accounts and one church account which contribute a significant portion sales and profits to the bottom line of this donut shop for sale. All those accounts are included in the transaction.

The donut shop for sale includes all the furniture, fixtures and equipment - including a fryer and glaze station, mixer, point of sale system, dough proofer, 3 flat screen TVs, display cases, oven, grease filter and plenty of hot and cold storage.

Limited staffing. They often works alone or with one part time employee. A new owner could increase his or her team's sizes and easily double profits and sales.

This donut shop for sale is a franchise but there are no royalties, marketing or transfer fees. You simply buy your high quality, proprietary flower from the parent company and they stay out of your business. You set your own hours, menu, recipes, prices and marketing programs.

The location of this donut shop for sale has high traffic, good access and plenty of parking. The 1,900 square foot space seats 20 guests indoors and another 4 on tables outside. Rent is a great deal at only $2,037 per month and that includes water, trash removal and grease trap maintenance. Utilities average about another $300 per month. This is a low cost, low risk deal with plenty of upside for an owner/operator or a couple. It is a great starter restaurant.

This is an asset sale so absolutely no financials are available - no P&Ls, no tax returns etc. The sales price is based on the value of the assets period. If you need financial history to purchase a business this is not the deal for you.

Detailed Information

Real Estate:
Leased
Building SF:
2,100
Lease Expiration:
7/7/2021
Employees:
1 FT 1 PT
Facilities:
16 chairs 4-4 tops 1-6 top open sign 2 outdoor tables 4 patio seats Misc decor 3 flat screen TVs display case 2 door glass fridge 2 display cases POS pad file cabinet 2 door sandwich prep coolerhot well misc trays doughnut injector fryer glaze station oven proofer mixer SS tri-sinks ice machine hot dog warmer 2 microwaves grease filter dough table 2 Ss prep tables 2 small fryers 1 sm griddle refrigerator 2 door freezer misc storage and food containers. misc untensils
Competition:
No nearby competitors. Business currently just seems to provide inventory for 3 gas station accounts, does little walk-in or any other type of business.
Growth & Expansion:
Everything! Longer hours, more accounts and off premise sales would all grow sales and profits. I am pretty sure he closes his business after he delivers to the gas station accounts.
Support & Training:
TBN 10-14 days
Reason for Selling:
Health
Franchise:
This business is an established franchise
Business Website:
http://www.wesellrestaurants.com
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Bob Steinberger

Business Listed By:
Bob Steinberger

We Sell Restaurants

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Sponsoring Broker:
Eric Gagnon

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